When first starting a freelance business you usually have a lot of questions. You’ll likely turn to others for answers, including articles and posts offering advice. How important is it for you to follow their advice? Do you need to follow every tip offered or is it ok to do things how you think best?
Choose a job you love, and you will never have to work a day in your life.
Commonly offered advice when starting a business is to follow your passion. You find something you love and then figure out how to build a business around that love. The other side of the advice is to follow the money. Think first of existing and potential markets that offer the best chances of making a profit and build businesses around those markets.
Many business reach points where they seem to be stuck. They’ve plateaued and the business has difficulty growing. No matter how much work is put in they seem to be held back by some arbitrary limit. Often the limit is us, the owners of these business. The limits are the ones we’ve imposed and if we can recognize how we’ve limited ourselves and our businesses we can break through the plateau and attain new levels of success.
Over the last week an interesting conversation developed on my small business forum on the subject of collecting a deposit before beginning service based work like design. Standard practice is for web designers to collect a deposit for a project prior to starting work. There are some reasons why as well as a few issues associated with the practice.